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HomeMy WebLinkAboutAgenda Report - April 21, 1999 E-03CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Report of the Sale of Scrap Metal MEETING DATE: April 21, 1999 PREPARED BY: Finance Director RECOMMENDED ACTION: Information only. This report is made to the City Council in compliance with Lodi Municipal Code Section 2.12.120. BACKGROUND INFORMATION: On December 16, 1998, the City Council authorized the sale of scrap wire and metal which accumulates during the course of normal utility operations in calendar year 1999. On April 8, 1999, the Purchasing Division completed the first sale for 1999 of accumulated lots of scrap metal. The high bidder, Sunshine Steel Enterprises of Sacramento, paid $3,082.81 for the following items: Insulated Aluminum 4,065 lbs. Bare and Insulated Copper 4,810 lbs. Insulated AI/Concentric Copper 2,999 lbs. Scrap Iron 1 lot Bid forms were sent to three scrap metal dealers; two responded: Sunshine Steel Enterprises, Sacramento $3,082.81 B & G Machinery, Lodi $2,731.76 Allsafe Industrial, Victor No Response FUNDING: Prepared by Joel Harris, Purchasing Officer None required. Revenue generated: $3,082.81 Account Credited: 1601.5391 Vicky McAthie, Finance Director APPROVED: axon Flynn — Ci Manager CC2 04109/99